A bond has a face value of $1,000, a coupon rate of 5%, and maturity in two years (the next coupon payment is one year from now). The bond's price is $1018.86. What is the bond's yield to maturity?

Answers

Answer 1

The yield to maturity (YTM) is the expected return an investor would earn if they hold the bond until maturity. The YTM can be calculated using the following formula:

Yield to maturity = [(Coupon rate * (Face value - Purchase price)) / Purchase price] - 1

where Coupon rate is the annual coupon rate, Face value is the face value of the bond, Purchase price is the price at which the bond was purchased, and Maturity is the maturity date of the bond.

In this case, the coupon rate is 5%, the face value is 1,000, the purchase price is 1,018.86, and the maturity is in two years (one year from now).

Plugging in the given values, we get

Yield to maturity = [(5% * (1,000 - 1,018.86)) / 1,018.86] - 1

Yield to maturity = [(-0.005) / 1,018.86] - 1

Yield to maturity = -0.00498 - 1

Yield to maturity = -0.00508

This means that the bond's yield to maturity is -0.00508, or approximately -0.5%.

It's important to note that this is an estimate and the actual yield to maturity may vary depending on market conditions and other factors. It's always a good idea to consult with a financial advisor before making any investment decisions.

Learn more about yield to maturity Visit : brainly.com/question/457082

#SPJ11


Related Questions

Paris Corporation has 17,000 shares of $60 par common stock outstanding. On August 2, Paris Corporation declared a 3% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $82 per share on August 2.
Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes blank.
Aug. 2 Stock Dividends
Stock Dividends Distributable
Paid-In Capital in Excess of Par-Common Stock
Sept. 15 No entry required
No entry required
Oct. 8 Stock Dividends Distributable
Common Stock

Answers

Answer:

Date               General Journal                      Debit           Credit

Aug 2.           Stock Dividend                        $41,820

                     (17,000 * 3% * $82)

                      Stock Dividend Distributable                    $30,600

                      (17,000 * 3% * $60)

                      Paid-in-Capital in Excess of Par-                $11,220

                      Common stock

Sept. 15         No Entry required

Oct. 8            Stock Dividend Distributable     $30,600

                     Common Stock                                             $30,600

Leaders who emerge from outside of the formal structures of the organization are called:
a) nonsanctioned leaders.
b) transformational leaders.
c) transactional leaders.
d) managers.
e) mentors.

Answers

Leaders who emerge from outside of the formal structures of the organization are called nonsanctioned leaders.

Nonsanctioned leaders are individuals who assume leadership roles within an organization without having formal authority or position. They may not hold managerial positions or be officially designated as leaders, but they exert influence and emerge as leaders based on their expertise, skills, or personal qualities. Nonsanctioned leaders can have a significant impact on the organization and its members, often by inspiring and motivating others through their actions and ideas. They may emerge from different levels or departments within the organization and contribute to positive change and innovation.

To know more about nonsanctioned here: brainly.com/question/15423141

#SPJ11

name 3 ways that internships can help students

Answers

Answer:

Try the career out, learn new skills, and gain experience for your resume

Explanation:

An internship also offers students a chance to “try out” a job or industry to determine if it is the right choice for them.

An internship gives a student the opportunity for career exploration and development, and to learn new skills.

Internship can develop personal aspects of students, undergoing internship training is valuable for students, it helps them to apply their skills into practical field, it teach them how to be productive and recognize their strengths, avoid their weakness and give them the belief in making differenc

Answer:

Explanation:

An internship also offers students a chance to “try out” a job or industry to determine if it is the right choice for them.An internship gives a student the opportunity for career exploration and development, and to learn new skills.Internship can develop personal aspects of students, undergoing internship training is valuable for students, it helps them to apply their skills into practical field, it teach them how to be productive and recognize their strengths, avoid their weakness and give them the belief in making differenc

What best describes the relationship between short and long-term goals?​

Answers

Short term goals are what you set in order to eventually achieve a long term goal; They are the little achievements you achieve in the process of the long term goal- They help keep you on track.

Dividends ______ retained earnings; therefore, to increase dividends, one would ______ the dividends account.

Answers

Dividends increase retained earnings; therefore, to increase dividends, one would debit the dividends account.

Dividends are payments made by a company to its shareholders as a way to distribute profits. When a company declares and pays dividends, it reduces its retained earnings. Retained earnings are the accumulated profits of a company that have not been distributed as dividends.

To increase dividends, you would need to debit the dividends account. Debiting the dividends account increases the amount of dividends being paid out. This means that more money is being distributed to the shareholders as dividends, which in turn decreases the retained earnings of the company.

It's important to note that increasing dividends may have implications on the financial health of the company. It is essential for a company to carefully consider its financial position and future growth prospects before increasing dividends, as it may impact the company's ability to reinvest in its operations or fund future projects.

To know more about Dividends visit:

brainly.com/question/33428821

#SPJ11

What is working capital?

Answers

Answer:

Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.

NWC is a measure of a company’s liquidity and short-term financial health.

A company has negative NWC if its ratio of current assets to liabilities is less than one.

Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.

High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.

Explanation:

can you me as brainliest if its right? i just need a few more to rank up! ^-^

Also have a great day and good luck in your studies!

answer:

the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities

On a coordinate plane, a curved line with a minimum value of (negative 1, negative 2), crosses the x-axis at (negative 2, 0) and the y-axis at (0, 0). Determine the x-intercepts of the function. Check all that apply.

Answers

Answer:

i know its late but

ON EDG 2020

(-2,0) and (0,0)

Explanation:

Hope this helps!

(probably not)

Answer:

A and C

Explanation:

outline 2 advantages to H&H of using secondary market research​

Answers

Answer:

Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable

Part C
Compare the capital gains from investing in the three stocks with the interest income on a one-year CD. Which would have been a more profitable
investment-the stocks or a one-year CD? Explain your reasoning.
BIUX² X₂ 15px
Av & v = = = = = = □ V 田
v
Space used (includes formatting): 0/15000
Submit

Answers

There are several reasons to retain some of your assets in cash or cash equivalents like certificates of deposit or money market accounts (MMAs) (CDs).

What is CD and Stock ?

A well-thought-out financial plan requires you to keep an emergency reserve equivalent to three to six months' worth of living expenditures.

It may appear like MMAs and CDs are equivalent. Both of them are bank products that provide minimal yields and high security.

However, ultimately which one you choose will depend on the precise goal you have for the money and your requirement for liquidity.

Learn more about CDs here

https://brainly.com/question/28854362

#SPJ1

Answer: The one-year CD rate during the past year ranged from 1 percent to 1.3 percent. This rate of return is much lower than the returns on the J C Penney and Apple stocks. Therefore, these two stocks would have been better investment options than a one-year CD. However, the CD would be a better investment than the Ford Motor Company stock, which gave a negative return over the past year.

Explanation:

plato answer

3. All of the following are common results of an increase in consumers' goodwill toward a brand EXCEPT
Increased loyalty
Increased referrals
O Decreased customer complaints
O Decreased advertising costs

Answers

Answer:

Decreased advertising costs

Explanation:

Model only A store sells two types of toys, A and B. The store owner pays $8 and $14 for each one unit of toy A and B respectively. One unit of toys A sells for $10 while a unit of toys B sells for $1 less than twice as much as toys A. The store owner estimates that no more than 2000 toys will be sold every month and he does not plan to invest more than $20,000 in inventory of these toys. Also, toys B sell at least twice as fast as toys A. How many units of each type of toys should be stocked in order to maximize his monthly total profit?

Answers

1000 units of each type of toys should be stocked in order to maximize his monthly total profit.

To maximize the monthly total profit, the store owner should stock 1000 units of toy A and 1000 units of toy B.

Let's break down the problem to find the optimal stocking strategy. The store owner pays $8 for each unit of toy A and $14 for each unit of toy B. Toy A sells for $10 per unit, while toy B sells for $1 less than twice the price of toy A, which is $2 * $10 - $1 = $19 per unit.

Considering that toy B sells at least twice as fast as toy A, we can assume that the store owner should stock an equal number of units of each toy. Let's denote this number as 'x'. So, the total cost of stocking 'x' units of toy A would be $8 * x, and the total cost of stocking 'x' units of toy B would be $14 * x.

We also know that the total cost of stocking both types of toys should not exceed $20,000. Thus, we can set up the following equation:

8x + 14x ≤ 20,000.

Simplifying the equation, we get:

22x ≤ 20,000.

Dividing both sides by 22, we find:

x ≤ 909.09.

Since the store owner estimates that no more than 2000 toys will be sold every month, we choose the maximum value for 'x' as 1000 (half of 2000).

Therefore, the optimal stocking strategy is to stock 1000 units of toy A and 1000 units of toy B, resulting in the maximum monthly total profit.

To learn more about profit, click here:

brainly.com/question/1078746

#SPJ11

which of the following is an example of a technical ("hard") skill?. for A P E X
A. cooperating well with other maintenance technicians
B. Delivering an oral report in an interesting manner
C. Filling out purchase order forms accurately
D. Helping a group choose the best alternative

Answers

Filling out purchase order forms accurately is an example of a technical or hard skill. As for filling the form, there is need of the knowledge of about the technical things.

What is hard skills?

Hard skills are the technical skills that are which are required to do work in the company. Hard skills and soft skills have different department in an organization.

Some hard skills include Computer skills. Microsoft Office skills, Analytical skills, Marketing skills, Presentation skills and Management skills.

Thus, option C is correct.

For more details about  Hard skills, click here:

https://brainly.com/question/15043219

#SPJ1

Answer:

Filling out purchase order forms accurately

Explanation:

What is the country that consumes the most vegetables per year?.

Answers

Answer:

According to the web, China consumes the most vegetables per year.

Explanation:

Answer:

There is a lot of mixed answers between India and China but I would believe India. I believe this since in India the common practice is Hindu, which they believe that people reincarnate into animals which they eat vegetables and fruit.

Explanation:

Although Alexander Hamilton developed policies to promote industry at the beginning of the American republic's history, it was not until _______________, that the federal government began playing a central role in promoting economic growth.

Answers

It was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

Alexander Hamilton is regarded as one of U.S. Founding Father, author of the Federalist papers and first secretary of the U.S. treasury.

Some of Alexander Hamilton ideas created the National Bank, founded the U.S. Mint and created a system to levy taxes on luxury products.

Alexander Hamilton developed economic policies to promote industry at the beginning of the American republic's history but it was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

Read more about this here

brainly.com/question/3718706

Which eoc configuration allows personnel to function.

Answers

Answer:

Departmental Structure functioning in the EOC with minimal preparation.

Sales returns and allowances are reported on the ______.

Answers

Sales returns and allowances are reported on the Income Statement.

What is the income statement?

The income statement is a financial statement wherein the sales revenue and cost of goods sold and operating expenses are summarized in order to obtain the net income.

When reporting the sales returns and allowances on the income statement, they are subtracted from the gross sales to arrive at the net sales.

Thus, sales returns and allowances are reported on the Income Statement.

Learn more about the income statement at https://brainly.com/question/24498019

You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of particles and smoke are emitted through your plant's smokestack. The level of pollutants is well below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scubber" system which will remove 90% of the pollutants and ash. The cost of the "scrubber" system is $10 milion and your company's annual profits are $2 million. Who are you company's stakholders to consider in this scenario and would you install it?

Answers

Answer:

The answer is explained below

Explanation:

The companies board of directors as well as you would consider whether it is best to install the scubber system. When determining whether to install the scubber system both short and long term consequences are to be considered. If presently, the level of pollution is legal, you need to consider if in the future it would be legal? if the installation of the scubber system would affect the public relations of the company. After considering all this, it would be better to install because the pollution can lead to death, and the neighborhood can sue the company. Also the EPA regulations can be regulated.  

Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.

Communicate their commitment to the programs through a written statement.


Establish realistic, attainable, and measurable goals.


Encourage employee participation by publicly punishing those who do not participate.


Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.


Allocate resources to the program by integrating it into the budget and time planning.


Establish a process to report any safety and health concerns.

Answers

Answer:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

Explanation:

In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.

Answers

Answer:

I think it's global economy

What is a “work point”?

Answers

Answer:

A work point is an independent entity whose location is defined in space.

Explanation:

Work points may be placed or projected onto part faces, linear edges, or onto an arc or circle. Work points can be constrained to the center points of arcs, circles, and ellipses.

2. Which of the following is NOT considered as a characteristic of an entrepreneur?
a. Copes with failure
c. Persistent
b. Dependent
d. Opportunity seeker

Answers

Answer:

Dependent

Explanation:

Analyzing the given options one after the other.

- Cope with failure: As an entrepreneur, one should be able to cope with failure. One should see failure as a setback but rather as a stepping stone to bounce back.

- Persistent: A person who is to be called an entrepreneur has to be determined to succeed and never relent.

- Dependent: An entrepreneur is an independent person and never relies on others for survival.

-Opportunity Seeker: An entrepreneur constantly seek for opportunities and immediately grasp it whenever he sees one

So, the odd one out of the given options is Dependent

Which is considered part of a person’s income for the year?

Answers

Answer:

Gross income is everything that an individual earns during one year, both as a worker and as an investor. Earned income includes only wages, commissions, bonuses, and business income, minus expenses, if the person is self-employed.

Explanation:

which company created several different websites to respond to sensitive cultural differences?

Answers

One company known for creating several different websites to respond to sensitive cultural differences is Airbnb.

In order to cater to various cultural norms, preferences, and sensitivities across different regions, Airbnb has developed separate websites and platforms for specific markets. These localized websites take into account factors such as language, design, user experience, and content to ensure they are culturally appropriate and resonate with local users. By tailoring their platforms to specific cultures and regions, Airbnb aims to provide a more personalized and inclusive experience for their users worldwide.

Learn more about Airbnb

https://brainly.com/question/30396358

#SPJ4

(SO4) The formula for the labor price variance is
a. (AH x SR) less (AH x SR).
b. (AH x SR) less (SH x SR).
c. (AH x AR) less (AH x SR).
d. (AH x AR) less (SH x SR).

Answers

The formula for the labor price variance is:

c. (AH x AR) less (AH x SR).

The labor price variance is a measure used in variance analysis to assess the difference between the actual labor cost and the standard labor cost for a given period. It helps analyze the impact of labor cost fluctuations on overall performance.

The formula for labor price variance takes into account the actual hours worked (AH), the actual labor rate (AR), the standard hours allowed for the production achieved (SH), and the standard labor rate (SR). By subtracting the product of actual hours worked and actual labor rate from the product of actual hours worked and standard labor rate, we can calculate the labor price variance.

Option c, (AH x AR) less (AH x SR), represents the correct formula for labor price variance as it considers the actual and standard labor rates along with the actual hours worked.

To learn more about variance click here:

brainly.com/question/31323263

#SPJ11

say hi and i give u 94 ranking points

Answers

hi rtgijriomcfrcrecgtrcgetrgretrtrct

Answer:

hi

Explanation:

what countries can i get plastic surgery at 16 without parental consent?

Answers

Answer: Any country that considers 16 to be an adult - like lots of places in Europe and maybe even Mexico, Brazil etc

Explanation: however, I would not do it at 16 - your face and body will change a lot ! I used to want to have a breast augmentation when I was 18 because I got picked on a lot for having small breasts. Now I am a DD and am beyond happy I didn’t get the augmentation. I would wait till at least your earlier 20’s or so!

Hoped this helped a little bit

KFC includes rice-based food items on the menu in Asian countries. Which strategy is this for solving the globalization/offshoring challenges? a. third-Party Logistics (3PL) b. cultural transferability c. postponement d. following local regulations

Answers

The strategy that KFC is using by including rice-based food items on the menu in Asian countries is cultural transferability. This is a common approach used by multinational companies to adapt their products or services to meet the cultural and social preferences of different regions.

What is Globalization Challenges ?

The benefits of globalization for businesses include expanded customers bases , more revenue streams , and a diverse workforce . But globalization also poses some daunting challenges like environmental degradation , legal compliance issue , and worker exploitation .

By incorporating local flavors and ingredients, KFC is able to appeal to Asian consumers and overcome the challenges of globalization and offshoring. Following local regulations is also important, but in this case, cultural transferability is the primary strategy being used. Third-Party Logistics (3PL) and postponement are not relevant to KFC's menu strategy.

To know more about the Globalization Challenges :

https://brainly.com/question/20973160

#SPJ11

how can we use the list of preference while making decisions​

Answers

Answer:

you Nepal ?

Explanation:

hey what you asking

Why would decreased wages be an added problem for the Pullman workers?

Answers

Mark Brainliest please

Answer

The company cut their wages and extended their hours


Explanation:
Pullman was a company in the US that built and operated sleeping rail cars that operated on the railroads of the United states. These rail cars were also known as Pullman named after its company Pullman.
Pullman was founded by George Pullman and this company started from 1867 up until 1968. the workers working for Pullman had strike actions against their company as with many other workers who usually strike when not satisfied with the company. one reason of the strike was " The company cut their wages and extended their hours" this action was unfair and led to strikes against Pullman by the workers.

When an economy produces more smartphones and fewer cars, it is answering the?

Answers

When an economy produces more smartphones and fewer cars, it is answering the 'what' question.

What is an economy?

A complex system of linked trading, consumption, and production activities make up an economy, and it ultimately decides how resources are distributed among all the players. The requirements of persons who live and work inside the economy are met by the creation, consumption, and distribution of products and services. A country, a region, a single industry, or even a family may be represented by an economy. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it. Each change as a result of the individuals' decisions and behaviours. These choices are decided using a combination of collective or hierarchical decision-making and market transactions.

To learn more about economy visit;

https://brainly.com/question/951950

#SPJ4

Other Questions
Tagamet Elixer is available 300mg/5ml. Dose is 180 mg tid X 10 days. How many ml's should be dispensed?a) 90 mlb) 150 mlc) 180 mld) 250 ml Consider the circuit shown in (Figure 1). Assume 1 =0.92 A. Part A What is the value of resistor R? Express your answer with the appropriate units. % R = Value Figure 1 of 1 Submit Previous Answers Request Answer 2.00 A Incorrect; Try Again; 2 attempts remaining Provide Feedback 10 15 Q 5. Which of the following are not found in Cyanobacteria? A. thylakoids B. gas vesicles C. chloroplasts D. heterocysts E. endospores Part CIn some parts of the world, houses are built on stilts, like the house shown here. How could elevating a house withstilts give it an advantage in a tsunami? Do you think a building elevated with stilts could still be destroyed by atsunami? which expression is the same as 57.142 profit equals ___ minus average total ___ multiplied by output what is 25 divided by 4(bonus question) Find two differentiable functionsfandgsuch thatlimx5f(x)=0,limx5g(x)=0andlimx5f(x)/g(x)=0using L'Hospital's rule. Justify your answer by providing a complete solution demonstrating that your functions satisfy the constraints. Which group was most responsible for the spread of the bubonic plague to europe?. what is surface area of cube if the only number is 5 Explain why there are advantages to a movie studio operating in southern California, rather than in, say, Florida. Which of the following best describes theMAIN motivation that inspires settlers tomove west?A.the discovery of goldB.better weather conditionsC.available landD.better jobs This was NOT among the list of traits and factors in long-term happy marriages described in your textbookOpposite interests to decrease boredomIntimacy versus isolationThere is a possible age bias favoring the young A television that is 83% efficient provides 4,600J of useful energy.How much energy does it use? one disadvantage of human hair wigs is that they _____________. a)need restyling after a shampoo have a fake, b) shiny look are not durable c)cannot be curled with thermal tools A girl drops a ball from a height of 10 feet. Each time the ball hits the ground, it bounces to its previous height. Which equation gives y, the height of the ballafter x bounces?A: y=10^2/3xB: y=10(2/3)^xC: y=2/3(10)^x Which words best describe Lindner's tone, based on his use of the phrase "in a certain kind of way"? disdainful and demeaning confused and indecisive warm and welcoming surprised and amazed Given triangle ADE shown below with overline BC || overline DE . if AB=16, BD=8, and DE = 30, which of the following is the length of overline BC1) 202) 603) 154) 22 a demand for the relief sought." upon receiving the complaint, the driver objected that the pedestrians request for punitive damages was made without the courts permission and thus must be stricken from the complaint based on the state a statute. must the federal court adhere to the state a rule and require the pedestrian to obtain its permission to seek punitive damages?" According to the professor, positioning is when a companydecides which of the potential segments that they will target.True or False?